Tamil Nadu Finance Minister Thangam Thennarasu. (File | PTI)
Tamil Nadu

TN Budget 2024: Firms hiring women, disabled to get 10 per cent payroll subsidy

In addition, creches for infant children will be established in all major SIPCOT industrial estates.

Express News Service

CHENNAI: Tamil Nadu, known for having the highest contribution of women in the Indian industrial workforce and notable gender parity, plans to launch a special scheme encouraging additional women employment in the state, as announced by Tamil Nadu Finance Minister Thangam Thennarasu in the 2024-25 budget presentation.

Thennarasu said the scheme will offer a payroll subsidy of 10 per cent of the salary of women, differently abled and transgender employees for two years to all new industrial units providing direct employment to over 500 such individuals from Tamil Nadu.

In addition, creches for infant children will be established in all major SIPCOT industrial estates under public-private partnership to support working women.

A new tailor-made skill training programme will be introduced to facilitate women willing to re-enter the job market after taking a sabbatical for reasons such as marriage and pregnancy.

HDFC bank chairman's exit over ethical concerns: Existential fire or false alarm?

LIVE | West Asia war: Trump rules out ceasefire as US threatens to 'take out' Iran's Kharg Island

Modi, Bahrain King discuss West Asia crisis; condemn attacks on civilian, energy infrastructure

West Bengal polls: BJP workers hold protest over choice of candidates in several seats

Maharashtra Women’s Commission chief Rupali Chakankar resigns over link to controversial godman

SCROLL FOR NEXT